[UPDATE] There is some concern that this may be a photoshop using a mock up image from NeoGAF. Stay tuned and we will keep you updated if any new information surfaces. For now, we are still stuck waiting for Sony to officially confirmed it next week during GameCom.

According to an upcoming Best Buy ad flyer, the “PS3 Slim is in”. Not only is the slimmed down console going to be available sooner rather than later. But it’s going to have a drastically lower price point of $299.99.

Sony is sure to move a major amount of PS3’s at that price point. Official confirmation from Sony is expected at GameCom in Cologne Germany.